Waste Management (WM -0.3%) shares are upgraded to Buy at S&P Capital IQ with a raised...

|About: Waste Management, Inc. (WM)|By:, SA News Editor

Waste Management (WM -0.3%) shares are upgraded to Buy at S&P Capital IQ with a raised target price of $40 from $37. While the firm says it expects "modest" organic revenue growth in 2012, it sees "commercial and industrial volume gradually recovering as market conditions improve," adding "commodity recycling prices will rebound later this year."